If I retire before 60, when can I access my super?

Q: I am 57, approaching 58. If I decided to retire before 60 when can I access my super?

If you have reached your preservation age and retire, then you can access your super benefits. You can learn more about preservation age here, but I assume your preservation age is 55.

Note that if you retire before the age of 60, then tax is payable on the taxable component of a super benefit.

My response is for information purposes only, and you’ll need to confirm how the rules apply for your personal circumstances by undertaking your own research, or by chatting to a financial adviser or accountant.

If I retire before 60, when can I access my super?   Super Guide

Comments

  1. Fiona Knight says:

    I have been trying in vain to find a definition of retire – this person is asking about retiring prior to 60. The whole issue of ‘retiring’ is confusing – easier for the dole recipients – they just don’t work anyway.

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